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    34861 Line Rd Selbyville, DE 19975

    For Sale
    $3,900,000

    High-traffic corner lot, owner financing available.

    Property size:
    1,156 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 2.8-acre commercial site presents a rare investment opportunity in Selbyville, Delaware. Located on the highly visible corner of Route 54 and West Line Road, this property boasts unparalleled visibility and accessibility. Its strategic position directly across from Yellowfins Restaurant and a shopping center ensures high traffic volume and excellent exposure. The lot is already cleared and prepared for development, with existing 8-inch sewer hookups in place. Water access is also available, making it ideal for a wide range of commercial projects. Envision a hotel, shopping center, office complex, medical facility, or professional center thriving in this prime location. The property's proximity to the popular beaches of Ocean City, Maryland, and Fenwick Island further enhances its appeal, offering easy access to a large tourist population. The site's size and infrastructure make it ready for immediate development, eliminating significant upfront costs. The seller is offering owner financing, making this an even more attractive proposition for discerning investors. Don't miss this chance to acquire a truly exceptional commercial property in a rapidly growing area. The property is situated conveniently between Route 1 and Route 113, providing easy access to major transportation arteries. This is a unique opportunity to secure a highly desirable commercial site in a prime location.

    Property Features for 34861 Line Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,156 SF
    Lot Size
    121,968 SF

    Building Details

    Year Built
    2022
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Selbyville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.13478
    Latitude
    38.45924

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, owner financing available.
    Where is this commercial real estate located?
    The property is located at 34861 Line Rd Selbyville, DE.
    What is the asking price?
    The asking price for this property is $3,900,000.
    (443) 856-2211
    Request Owner's contact information
    34861 Line Rd Selbyville, DE 19975
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    Selbyville, DE 19975
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34861 Line Rd Selbyville, DE 19975
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